Company Earnings UpdatePrimark (LSE: ABF) 1Q17 Trading Update: “Good” UK Comps While Germany and the Netherlands Disappoint Coresight Research January 13, 2017 Executive Summary Primark’s parent company, Associated British Foods (ABF), reported its 1Q17 trading statement for the 16 weeks ended January 7, 2016. This report will focus only on Primark, ABF’s retail segment. At constant currency, Primark’s sales grew by 11% during the period and by 12% on a comparable-week basis. As reported, sales grew by 22% during the period and by 23% on a comparable-week basis. UK comps for the period were “good”, but were not disclosed. In Germany and the Netherlands, comps declined due to a rapid increase in selling space. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: The CORE 3.0 Framework for Artificial Intelligence in RetailFinancial Sentiment Improves; Plus, Online Shopping in Focus: US Consumer Survey InsightsWeekly US Store Openings and Closures Tracker 2025, Week 32: Claire’s Files for Bankruptcy—Potentially 1,137 Stores To CloseResponses to Inflation—Trading Down in Food and Nonfood Remains a Critical Shopping Strategy: US Consumer Survey Insights
